Professor Emeritus Stephen Adei has entreated Ghanaians to be financially disciplined and desist from wasting money on useless purchases including excess clothes.
Speaking on point eleven of his 13 principles to financial independence that a everyday salaried employee can use to raise one million in investments, Prof Adei stated Ghanaians should “limit the price of financial success”.
“In different words, do not make sacrifices, that is financial discipline, no longer losing your money,” Prof Adei stated.
“The average Ghanaian has more clothing than a millionaire in America, yes…”.
He stated, as an example, millionaires in America including the late Steve Jobs could very own simplest 4 pairs of jeans which they would wear for many years and compared to a Ghanaian with a normal process.
He further stated that “Getting rich at the expense of personal integrity, a great marriage, own family existence, fellowship and friendship only makes you a rich fool”.